You all not be able to raise rents 50%, the renter in place will not be able to afford it.

Quote from @Bob Asad: If I have 2 rental properties and charging 1st, last, and security; can I take the last and security for both places (combined) and put them into a Bank of America savings account?

I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.

I would restate that the lease will remain in place until such time that a new tenant is selected and moves into the property.This approach will ensure your cash flow while acknowledging that 'stuff happens.' 

Hey guys - I came across this company - Offer Geek - https://ogeekholdings.com/ - where they are offering properties by also doing the entire renovation, placing a Section 8 tenant and also offering property management for you?

Hey BiggerPockets Community,I’m working with an organization that’s aiming to address affordable housing in a way that leverages time as a primary tool.

Are the units vintage quality with in-place rents $500/mo below current market?  

In recruiting, it's called running a 'full-desk', when you generate your own clients, and then place candidates directly in them. 

A good place to start figuring out profit/cash flow is to search the forums for the 4 Square Analysis. 

I would start asking questions about how the organizations you work with handle draws administratively and that should give you a good idea of how things will go.